# Lease assignment

**URL:** https://www.mineralrightsforum.com/t/lease-assignment/70049
**Category:** Ownership and Title
**Created:** [March 8, 2023, 4:52pm UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049 "2023-03-08T16:52:31Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![Gary7](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary7/32/4564_2.png) [@Gary7](https://www.mineralrightsforum.com/u/Gary7)
#### Post date: [March 8, 2023, 4:52pm UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049/1 "2023-03-08T16:52:31Z")

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![Assignment Language](https://www.mineralrightsforum.com/uploads/db5755/original/3X/3/d/3d4b622f94755a588b97e93f8241be444650ec27.png)

Can someone explain what this means? The lease is in Oklahoma.

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### Author: ![nop\_llc](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/n/71c47a/32.png) [@nop\_llc](https://www.mineralrightsforum.com/u/nop_llc)
#### Post date: [March 8, 2023, 7:27pm UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049/2 "2023-03-08T19:27:55Z")

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This is standard conveyance language. The Assignee bought all the interests, either working or overrides or both, from the Assignor. It was made without warranty, i.e., the Assignor is not on the hook for what acreage or percent ownership is being conveyed.

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### Author: ![Gary7](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary7/32/4564_2.png) [@Gary7](https://www.mineralrightsforum.com/u/Gary7)
#### Post date: [March 8, 2023, 8:25pm UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049/3 "2023-03-08T20:25:22Z")

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So this means that the Assignee gets all royalty payments from any wells that produce in the described land?

If the Assignor owns Mineral Rights, do they still own the Mineral Rights?

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### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [March 8, 2023, 11:21pm UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049/4 "2023-03-08T23:21:48Z")

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This conveyance is specific to oil and gas leases.

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### Author: ![TennisDaze](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/dbc845/32.png) [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [March 9, 2023, 1:15am UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049/5 "2023-03-09T01:15:11Z")

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It will also depend on all the other language in the document. If you are being asked to sign this, you should consult an attorney to make sure you fully understand the legal effect on you. If this is the language in a recorded document between other parties, there will be an exhibit with list of assets being assigned or a description within the body of the document.

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### Author: ![Gary7](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary7/32/4564_2.png) [@Gary7](https://www.mineralrightsforum.com/u/Gary7)
#### Post date: [March 9, 2023, 1:37am UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049/6 "2023-03-09T01:37:28Z")

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Thanks for the help. This document was signed by my mom as the assignor some time ago and she just got a small check for oil and gas from an old well at the location. First time she has received anything from this well in several years.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [June 6, 2023, 4:53pm UTC](https://www.mineralrightsforum.com/t/lease-assignment/70049/7 "2023-06-06T16:53:06Z")

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